on Personas Social Incorporated (isin : CA71534M1077)
Personas Social Incorporated Finalizes Sale of Peeks Asset
Personas Social Incorporated has announced the closure of its Peeks Asset sale to Mii.TV Inc. This transaction was solidified with a definitive agreement dated August 19, 2024. Required shareholder approval was obtained during the company's annual meeting on October 1, 2024.
The purchase price for the Peeks Asset was adjusted, increasing the cash received by Personas Social to $264,874 from the originally expected $53,000. All other transaction terms remained constant.
Following the asset sale, Personas plans to focus on its Keeks Social platform, providing users avenues to connect through video content. The transaction received necessary approvals, including from the TSX Venture Exchange.
R. H.
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